March 27th
Greetings Readers,
(Nasdaq: CMMB) is not slowing down on the other side of the opening bell.
Now up approx. 14%, the company is riding high after a major announcement.
Check it out: Chemomab Reports Positive Results in Nebokitug Phase 2 PSC Open Label Extension Trial Showing Continued Broad and Substantial Improvements in Key Liver Biomarkers
Don't forget. CMMB has fewer than 17Mn shares in its float based on Finviz reporting.
That means volatility potential could be heightened on a daily basis.
Consider (Nasdaq: CMMB) for your watchlist quickly this morning.
-----
Did you catch that red-hot rocket on Wednesday morning?
My most recent profile, an NYSE American idea oozing with breakout potential did just that...
It broke out.
Running from an approximate 8:00AM EST valuation of $1.62 to a high of $2.41 after the bell, that under-the-radar idea ripped off a move of approximately 48%.
Solid stuff, but it's not time to pack it in quite yet.
Instead, I'm bringing a new breakout idea to your attention.
With fewer than 17Mn shares in its float, volatility potential could be significant.
A $7.00 Maxim Group analyst target may also be suggesting well over 400% potential upside from its closing valuation Wednesday.
Mix in multiple press releases regarding the strong potential for a novel treatment for systemic sclerosis (SSc), and it may start making complete sense why I want you to consider this Nasdaq profile for your watchlist immediately:
*Chemomab Therapeutics Ltd. (Nasdaq: CMMB)*
Chemomab is a clinical stage biotechnology company developing innovative therapeutics for fibro-inflammatory diseases with high unmet need.
Based on the unique role of the soluble protein CCL24 in promoting fibrosis and inflammation, Chemomab developed nebokitug (CM-101), a first-in-class dual activity monoclonal antibody that neutralizes CCL24 and has demonstrated disease-modifying potential.
And based on multiple potential catalysts, (Nasdaq: CMMB) requires a top spot on my watchlist. Take a look:
No. 1 - Volatility Potential Could Be Heightened Due To A Low Float.
No. 2 - CMMB Further Confirms Potential For nebokitug As Novel Treatment For SSc.
No. 3 - A Major Milestone Completed As Company Aligns With FDA On Design Of Single Phase 3 Registration Study.
No. 4 - A Maxim Group Analyst Tags CMMB With A $7 Target!
But more on those in a second...
A Closer Look At Chemomab - Innovation & Discovery
Chemomab discovered the key role of the soluble protein CCL24 in promoting liver, skin and lung fibrosis as the driver of a fibro-inflammatory vicious cycle.
The Challenge
Fibrosis-related diseases are a significant unmet need that dramatically affect patients' health and quality of life.
Damaged tissue repairs itself through a sequence of controlled inflammatory and fibrotic processes.
However, uncontrolled healing processes can create a vicious cycle of inflammation and fibrosis – an excessive, sustained, chronic inflammatory response that activates fibroblasts, and replaces functional tissue with fibrous scar tissue.
CCL24 - a Key Player
Regulating CCL24 is key to halting fibrosis-related conditions.
Chemomab discovered that the soluble protein CCL24 plays a key role in promoting inflammation and fibrosis via a dual pathway.
CCL24 promotes both the recruitment of immune cells to the damaged tissue and supports its polarization to create a pro-fibrotic environment.
In parallel, CCL24 directly activates tissue fibroblasts, enhances their transition into myofibroblasts and induces the uncontrolled production of extracellular matrix.
Nebokitug Therapeutic Platform
Pioneering innovation to treat fibrosis-related diseases.
Chemomab's lead compound, nebokitug (CM-101) is a first-in-class humanized monoclonal antibody designed to bind to and neutralize CCL24 activity.
Nebokitug interferes with the main pathologies that promote fibrosis and inflammation.
No comments:
Post a Comment